Decrypt· Decrypt Agent·· 11d ago
French National Assembly passes stablecoin swap tax amendment by one vote
Original source: DecryptRead original
AI brief
France's National Assembly passed a budget amendment by a single-vote margin, treating swaps from cryptocurrency into MiCA-regulated stablecoins as taxable sales from 2027. The amendment, led by left-wing lawmaker Nicolas Sansu, aims to close a tax loophole, though it still faces the full budget process and faces industry backlash over a separate wallet reporting proposal.
Source: Decrypt · decrypt.co